About Phaphamani Maswati
Our Vision
To be a one stop financial services provider to the membership.
Mission Statement
We strive to improve the standard of living of our members by providing quality services at competitive costs.
Our Values
- Integrity
- Empowerment
- Innovation
- Transparency
- Social Responsibility
Background Information
Phaphamani Maswati Savings and Credit Co-operative Society Ltd was formed in 1978 by Eswatini Railways employees and is located at Sidvokodvo Railway Premises.
This ESACCO (Savings and Credit co-operative) is affiliated to SASCCO (Eswatini Association of Savings and Credit Co-operatives) the SACCO’S motherboard of Eswatini and also Licenced by FSRA (Financial Services Regulatory Authority). The SACCO was formed with the sole purpose of uplifting the standard of living for its members.
The SACCO draws its members from:
- Eswatini Railways Employees
- Their dependents a spouses
- Ex-Railway employees
- Employees of companies contracted to Railway ( IPAC, SIVENE, SEBENZILE, REAPS, FREEDOM AND GRINROD)
- ESCCOM
- SUFIAW
- BANKS
- RUCHI WHOLESALERS
- Any interested Eswatini citizen.
